The technical indicator 1 Fish displays a histogram calculated transform Fisher.
The indicator, based on the work of John Ehlers, determines the strength of the trend and direction of the trend.
Broker Exchange - Broker Online : Platform Metatrader MT4 Trading
Interpretation Signals And Rules Of Trading
- Buy signal - feeling bullish:
. The histogram 1 Fish is above the 0 level, green
. The histogram 1 Fish crosses upward zero level - Trend bullish
. Divergence bullish: prices fall while the histogram 1 Fish can not score new lows, a risk of rolling upward becomes important.
An upward correction of prices is expected - Trend bullish
- sell signal - bearish sentiment
. The histogram 1 Fish is below the 0 level, red
. The histogram 1 Fish crosses down level zero - bearish trend
. Divergence bearish: prices rise while the histogram 1 Fish fails to score new highs, a risk reversal downward becomes.
.A downward correction of prices is expected - Trend bearish
Read more about the rules and trading signals:
Exchange - Trading Online - Fish
Exchange - Trading Online - Fisher Transform
Graph Exchange - Trading Analysis
Trade Example
Exchange - Trading forex currency
symbol EUR / USD
Time Frame / UT: 4 Hours (H4)
Download